Derek Maxfield Net Worth (Updated 2025).

When people talk about innovative entrepreneurs who transformed the beauty industry, Derek Maxfield’s name often comes up. As the founder of Younique, a groundbreaking cosmetics brand, Maxfield has built not only a massive business empire but also an impressive fortune. In this article, we’ll explore Derek Maxfield net worth in 2025, his journey to success, sources of income, lifestyle, and what the future holds for his wealth.

Introduction to Derek Maxfield

Who is Derek Maxfield?

Derek Maxfield is an American entrepreneur best known for co-founding Younique Products, a cosmetics company with a unique direct sales model. He’s recognized for blending beauty with technology, creating one of the most talked-about brands in the MLM (multi-level marketing) industry.

Early Life and Education

Maxfield grew up in Utah and pursued a degree in Computer Science. His technical background later became a vital asset, as he leveraged online platforms to drive Younique’s rapid growth.

Initial Career Path

Before Younique, Derek worked in software development and technology. This experience helped him design the company’s innovative online tools that supported its sales force of independent presenters.

The Birth of Younique

Inspiration Behind the Company

Founded in 2012, Younique was inspired by Maxfield’s desire to empower women financially. The idea was simple yet powerful—create high-quality cosmetics and give women a platform to sell them online.

Partnership with Melanie Huscroft

Derek co-founded the company with his sister, Melanie Huscroft. Their shared vision emphasized confidence, beauty, and entrepreneurship.

Business Model and Unique Approach

Unlike traditional retailers, Younique thrived on social media-driven direct sales. The company’s famous virtual parties became a huge success, setting it apart from competitors.

Yearly Growth of His Wealth

His fortune grew significantly after Coty Inc. acquired a 60% stake in Younique in 2017, boosting the company’s valuation. Despite challenges, Maxfield’s wealth continues to rise steadily.

Comparison With Other MLM Entrepreneurs

Maxfield’s net worth places him among the top MLM founders, competing with figures like Mark Hughes (Herbalife) and Mary Kay Ash.

Sources of Income

Younique Cosmetics Revenue

Younique remains Derek’s main source of wealth, generating hundreds of millions annually in sales worldwide.

Stake in Other Businesses

Maxfield is also rumored to have stakes in other companies, diversifying his portfolio.

Investments in Real Estate & Stocks

He owns luxury properties in Utah and has invested heavily in real estate and stock markets, further strengthening his financial standing.

Lifestyle of Derek Maxfield

Homes and Properties

Derek owns multiple luxury homes, including a lavish mansion in Utah.

Cars and Luxury Assets

He enjoys high-end vehicles, although he maintains a relatively private lifestyle compared to other billionaires.

Philanthropic Activities

Maxfield is known for giving back, especially through The Younique Foundation, which helps survivors of child sexual abuse.

Challenges and Controversies

Criticism of MLM Business Model

Like many MLM companies, Younique has faced criticism for its business structure, with some labeling it controversial.

Competition in the Beauty Industry

Brands like Sephora, Mary Kay, and Avon continue to challenge Younique’s growth.

How Derek Overcame Setbacks

Despite setbacks, Derek’s resilience and leadership helped the company stay profitable and competitive.

Future Net Worth Projections

Growth Potential of Younique

With continued expansion and new product launches, Younique’s future remains bright.

Upcoming Business Ventures

Derek is likely to diversify his investments beyond cosmetics.

Long-Term Financial Outlook

Experts predict Derek Maxfield’s net worth could surpass $1.5 billion in the next decade.

Frequently Asked Questions about  Derek Maxfield

What is Derek Maxfield’s net worth?

Derek Maxfield’s current estimated net worth is approximately $900 million.

How did Derek Maxfield accumulate his wealth?

Derek Maxfield is the co-founder of Younique, a successful cosmetics company that has contributed significantly to his net worth.

What other business ventures has Derek Maxfield been involved in?

Aside from Younique, Derek Maxfield has also been involved in real estate investments and various entrepreneurial ventures.

Is Derek Maxfield actively involved in the day-to-day operations of Younique?

While Derek Maxfield has taken a step back from the daily operations of Younique, he still remains involved in strategic decision-making for the company.

Does Derek Maxfield have any charitable endeavors?

Yes, Derek Maxfield is known to be involved in various charitable organizations and philanthropic efforts, giving back to the community.

What is Derek Maxfield’s background before co-founding Younique?

Prior to Younique, Derek Maxfield had a background in sales and marketing, with experience in the cosmetics industry.

Has Derek Maxfield faced any controversies or legal issues in his career?

There are no major controversies or legal issues that have been reported involving Derek Maxfield.

What is Derek Maxfield’s approach to entrepreneurship and business management?

Derek Maxfield is known for his innovative and strategic approach to business, focusing on empowering individuals and fostering a positive company culture.

Is Derek Maxfield active on social media or public platforms?

While Derek Maxfield maintains a low profile, he does have a presence on social media platforms where he occasionally shares updates and insights about his work.

What can we expect from Derek Maxfield in the future?

Given his track record of success and entrepreneurial spirit, it is likely that Derek Maxfield will continue to explore new business opportunities and make a positive impact in the industry.